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Private oil depots across Nigeria have raised the price of Premium Motor Spirit (PMS), also known as petrol, to ₦900 per litre this weekend. Naija News...
Following the Dangote Petroleum Refinery’s suspension of petroleum product sales in naira, several filling stations have begun stockpiling Premium Motor Spirit (PMS), commonly known as petrol,...
The Dangote Petroleum Refinery has temporarily ceased selling petroleum products in naira as the naira-for-crude negotiations between the $20 billion Lekki-based facility and the Nigerian National...
The Management of Dangote Refinery has said it would stop selling petrol in Nigeria to avoid a mismatch between its sales proceeds and crude oil purchase...
Less than two years after President Bola Ahmed Tinubu ended Nigeria’s fuel subsidy, the effects of the decision are now being severely felt in neighboring Niger...
Niger Republic has turned to Nigeria for assistance following a crippling fuel shortage, despite recent diplomatic tensions between the two neighboring nations. Sources revealed to The...
The price war in Nigeria’s downstream oil sector escalated further on Tuesday as major oil marketers moved to offer petrol at rates lower than the ₦825...
The Nigeria Customs Service (NCS) has successfully intercepted 245,370 litres of Premium Motor Spirit (PMS), commonly referred to as petrol, with an estimated value of ₦238.1...
The Dangote Petroleum Refinery has announced plans to refund customers who purchased Premium Motor Spirit (PMS) at rates higher than the newly reduced prices from its...
Importers of petroleum products have expressed concerns over the continuous reduction of petrol prices by Dangote Petroleum Refinery. Naija News understands that some importers fear that dealers...
Aliko Dangote has assured that the Dangote Petroleum Refinery has sufficient Premium Motor Spirit (PMS), commonly known as petrol, in storage to meet Nigeria’s demand. Speaking...
The Federal Government of Nigeria has announced a ban on fuel tankers exceeding 60,000 litres from operating on Nigerian roads, effective March 1, 2025. Naija News...
The Nigerian National Petroleum Company Limited (NNPCL) has categorically debunked a report that claimed it has recently imported 200 million litres of Premium Motor Spirit, commonly...
The Petroleum Products Retail Outlet Owners Association (PETROAN) has reaffirmed that premium motor spirit from the Nigerian National Petroleum Company Limited (NNPCL) complies with regulatory standards....
The controversy surrounding fuel quality has escalated as the Nigerian National Petroleum Company Limited (NNPCL) and Dangote Refinery exchange words over claims of substandard petrol. Officials...
MRS Oil has lowered the price of Premium Motor Spirit (PMS), commonly known as petrol, from ₦970 to ₦925 per litre in Lagos State. Naija News...
The Dangote Petroleum Refinery’s decision to reduce the ex-depot price of Premium Motor Spirit (PMS) from ₦950 to ₦890 per litre has come at a significant...
Oil marketers have revealed that the landing cost of Premium Motor Spirit (PMS), commonly known as petrol, dropped to ₦922.65 per litre as of Friday, reflecting...
Following the hike in the cost of petrol produced by the Dangote Petrochemical Refinery, the pump prices of the product are now between ₦1,050 and ₦1,150/litre,...
A report by the Nigeria Bureau of Statistics (NBS) has identified Benue, Borno and Adamawa as the states which paid the highest price for petrol in...